While audits are not designed to root out every instance of fraud, auditors have a responsibility to detect material misstatements in the company's financial ...

The federal government estimated that 11% of all payments likely had some flaw, potentially impacting $231.4 million in child ...

The Department of Homeland Security is investigating immigration cases for potential fraud to see if it should seek to strip American citizenship from individuals. “Under U.S. law, if an individuals ...

FILE - In this Jan. 8, 2021, file photo, California Gov. Gavin Newsom outlines his 2021-2022 state budget proposal during a news conference in Sacramento, Calif. A scathing state audit released Jan.

With the wave of financial scandals hitting the economy, audit committees are facing enhanced scrutiny from investors and the media. In this environment, the challenges facing the audit committee are ...

The International Auditing and Assurance Standards Board is proposing to toughen its rules for requiring auditors to look for signs of fraud in a client's financial statements. Processing Content The ...

Monitoring and controlling your auto dealership's assets helps minimize the chances of losing money to internal fraud. You can't prevent every fiscal irregularity, but you can minimize exploitable ...

The Public Company Accounting Oversight Board issued a proposal Tuesday to amend its existing auditing standards to toughen the requirements for the auditor's responsibility to consider a company's ...

Thursday marked the release of the second audit in as many days of the California Employment Development Department, or EDD. The first detailed mismanagement and a lack of preparedness for economic ...

Trump praised Republican state senators in Arizona for "exposing this fraud" — a nod to an ongoing audit of ballots in Maricopa County. The GOP-organized audit is expected to reach completion in June ...

In the face of a new scathing audit about California's failure to prevent billions in unemployment insurance fraud, Gov. Gavin Newsom's administration is putting blame on the federal government and ...